Not really paying attention to it, within only a few months I had made the million dollar club at a time when properties in our area over $80,000 were rare, and I was one of the top producing agents for the year.

For example, in the new Georgia Disclosure statement (2012), there is a question that specifically asks about whether the house was ever used to produce meth.

Other than bailing on this deal, any suggestions on what I can do here if she is unable to produce the agreements?

What you want is an appraiser familiar with income producing properties and.....take up the poster who offered to get you some relevant comps

The information I got from this forum was incredible!

At first I thought this was not necessarily the case but if you sit down and think about it, an investment is something that produces income or value.

Your farming or other activity is presumed carried on for profit if it produced a profit in at least 3 of the last 5 tax years, including the current year.

Hey Ashwin Bhavikatti - We just published an incredibly comprehensive guide on Tenant Screening, and in it, we also share a tutorial for using one of our partners that we believe, has the best screening product available right now.

Going rates are 4%, so perhaps 6% max and get 30 year terms.Going rates are irrelevant when the buyer can't produce a down payment.

I recommend you explore areas within 30 min drive from your locale and explore if you can make positive csh-flow purchases in your area.Use redfin.com and homeseekers.com to see what is available in the desirable zipcodes.Analysis are simple: rule of the thumb is at GRM (Gross Rent Multiplier) this is a fancy term for a just a quick simplistic evaluation were property price is divided by gross yearly rent.Usually, 6-7 will produce positive cash-flow, 8-9 break-even, 10 or more is negative cash flow.There are other calculations, but this one is quick and dirty.I can tell you that you will find out that property located in not s good areas (mine are in South LA) will be more profitable, but you have to explore your market ..